A. Residential Property. The building and equipment fee assessed and levied upon the owner of residential property pursuant to the provisions of this chapter incident to the construction of a new building on the property, construction of alterations or additions to an existing building on the property or the change in use of an existing building on the property shall be based on the kind of residential development occurring on the property and the number of new residential dwelling units being added to the property.
B. Nonresidential Property. The building and equipment fee assessed and levied on the owner of nonresidential property pursuant to the provisions of this chapter incident to the construction of a new building or structure on the property, construction of alterations or additions to an existing building or structure on the property or the change of an existing building on the property shall be based on the kind of nonresidential development occurring on the property and the square footage of any new building or structure being constructed on the property, the square footage being added to any existing building or structure on the property, and/or the square footage of any existing building or structure on the property or portion of an existing building or structure on the property being changed to a different use.
(Ord. 1956 §1 (part))